Lennar, one of the largest home builders in the U.S., has announced significant price reductions in some markets.
Sounds like the perfect time to buy… right?
Not so fast.
Builder incentives, rate buydowns, and promotional financing can make monthly payments look attractive, but it's important to understand the full financial picture before signing a contract.
Here's what every buyer should evaluate:
Is the home priced appropriately for today's market?
Does the purchase still make sense without the promotional interest rate?
Have you obtained an independent appraisal?
Have you compared financing with an independent lender?
A lower monthly payment doesn't always mean you're getting the best deal. The smartest buyers look beyond the marketing and focus on the long-term value of the purchase.
Before buying any new construction home, make sure the numbers work for you, not just for the builder.
I'm Ella Gurfinkel, a Senior Loan Officer at Fairway IMC, and since Valentine’s Day 1996, I've been helping clients to achieve the cornerstone of the American dream - Homeownership. I take the time to find solutions for the most complex situations, even if it consists of 1,000 pieces.
Stay up-to-date on the latest news! Like, share, and subscribe to my videos.
I am here if your home loan questions need answering.
Website: https://www.fairway.com/lo/ella-gurfinkel-188161
Facebook: https://www.facebook.com/share/1BkgGb93Yg/?mibextid=wwXIfr
Instagram: https://www.instagram.com/ella_mortgagelender?igsh=MXQyY2kybmw5MTNtYQ==
LinkedIn: https://www.linkedin.com/in/ella-gurfinkel/
This Channel has been created to make your home purchase (or refinance) easier and simpler. To help you avoid making mistakes in this sometimes crazy process and to simply answer the questions you may be too afraid to ask!
Ella Gurfinkel | Senior Loan Officer | NMLS 188161
503-358-7769 | ella.gurfinkel@fairwaymc.com | www.teamellaportland.com
FIMC NMLS 2289 | 6650 SW Redwood Ln Suite 215, Portland, OR 97224
This video link: https://youtube.com/shorts/HUu7CK77bns
#EllaGurfinkel #mortgageBroker #
Sounds like the perfect time to buy… right?
Not so fast.
Builder incentives, rate buydowns, and promotional financing can make monthly payments look attractive, but it's important to understand the full financial picture before signing a contract.
Here's what every buyer should evaluate:
Is the home priced appropriately for today's market?
Does the purchase still make sense without the promotional interest rate?
Have you obtained an independent appraisal?
Have you compared financing with an independent lender?
A lower monthly payment doesn't always mean you're getting the best deal. The smartest buyers look beyond the marketing and focus on the long-term value of the purchase.
Before buying any new construction home, make sure the numbers work for you, not just for the builder.
I'm Ella Gurfinkel, a Senior Loan Officer at Fairway IMC, and since Valentine’s Day 1996, I've been helping clients to achieve the cornerstone of the American dream - Homeownership. I take the time to find solutions for the most complex situations, even if it consists of 1,000 pieces.
Stay up-to-date on the latest news! Like, share, and subscribe to my videos.
I am here if your home loan questions need answering.
Website: https://www.fairway.com/lo/ella-gurfinkel-188161
Facebook: https://www.facebook.com/share/1BkgGb93Yg/?mibextid=wwXIfr
Instagram: https://www.instagram.com/ella_mortgagelender?igsh=MXQyY2kybmw5MTNtYQ==
LinkedIn: https://www.linkedin.com/in/ella-gurfinkel/
This Channel has been created to make your home purchase (or refinance) easier and simpler. To help you avoid making mistakes in this sometimes crazy process and to simply answer the questions you may be too afraid to ask!
Ella Gurfinkel | Senior Loan Officer | NMLS 188161
503-358-7769 | ella.gurfinkel@fairwaymc.com | www.teamellaportland.com
FIMC NMLS 2289 | 6650 SW Redwood Ln Suite 215, Portland, OR 97224
This video link: https://youtube.com/shorts/HUu7CK77bns
#EllaGurfinkel #mortgageBroker #
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